Back

Havish Gupta

Figuring Outย โ€ขย 1y

Unique Startup Stories (1/20). Imagine a platform which provides helper for any work you want at affordable rates! Well BookMyChotu did that. So BookMyChotu provided on demand worker for any work from buying grocery to helping during change of house. The rates were quite impressive starting at only 90rs per hour. This startup users skyrocketed during demonetization when people hired these Chotos to stand in line. Though this startup failed soon due to 1) Lack of Respect: workers critized the startup as they were not treated properly and were called "Chotu" 2) Business Model: it was a simple commission based model but the revenue started to decline as people use to take the worker's number and call them when needed 3) Increase in Startups like Zepto, Urban Clap, zomato, etc which did the same work they did 4) Trust issues and Lack of funding So I personally liked the it but lack of cash flow killed it. So What do you think of this? Financial not available*

33 replies38 likes
2
Replies (33)

More like this

Recommendations from Medial

Image Description
Image Description

Aryan Gupta

building nextbigthin...ย โ€ขย 9m

During idea, research and development phase of my startup, should all founding members work from one place or work remotely from different locations?

5 replies6 likes
Image Description
Image Description

Rohan Saha

Founder - Burn Inves...ย โ€ขย 7m

In the poll I conducted yesterday, 51% of people were saying no, but the Fed has cut rates now. Only the RBI is left; let's see what happens.

2 replies5 likes

Sandip Shah

Hey I am on Medialย โ€ขย 2m

It's not the lack of resources that is holding you back, but the lack of confidence.

0 replies5 likes
Image Description
Image Description

Sakshii

Be free "explorar"ย โ€ขย 1m

What valuable lessons did you learn from the experience of starting a startup?๐Ÿง‘๐Ÿปโ€๐Ÿ’ป

59 replies59 likes
21
Image Description
Image Description

Arcane

Hey, I'm on Medialย โ€ขย 8m

Indiaโ€™s richest saw their networth erode by $17 billion during Mondayโ€™s market crash on fears of recession in the US. How would this affect you if you were one of them?

3 replies10 likes
Image Description

Jeet Sarkar

ย โ€ขย 

Nortonย โ€ขย 11m

During FY 2023-24, a total of 1,85,312 companies were registered with a collective paid-up capital of Rs 30,927.40 crore, according to the Corporate Affairs Ministry's information bulletin for March. Nearly 16,600 companies were established in March

See More
1 replies3 likes
Image Description

shashwat garg

Hey I am on Medialย โ€ขย 1m

I still donโ€™t see the startup showcase as the โ€œfocusโ€ of the app. It seems like anupam was right, these are just marketing hungry founders who went to shark tank, were absolutely unconvincing during the pitch. Just took whatever offer they got for ge

See More
2 replies3 likes
Image Description
Image Description

Dr Arun Raj Jayarajan

Doctorย โ€ขย 1y

What do you think about the Govt policy of making equal rates for all hospitals to CGHs rates?? is it fair??

2 replies8 likes
Image Description
Image Description

Karan

It's Never Too Lateย โ€ขย 2m

DID YOU KNOW? Steve Jobs Could Have Been the Wealthiest Person on Earth With a Net Worth of Over $600 Billion If He Were Still Alive!

6 replies6 likes
Anonymous
Image Description
Image Description

๐Ÿ˜‚ After investing a year, the entrepreneur suddenly realized that the idea they were executing did not have any market

3 replies4 likes
1

Download the medial app to read full posts, comements and news.